Multiple Choice
A mutual fund had year-end assets of $250,000,000 and liabilities of $4,000,000. There were 3,750,000 shares in the fund at year end. What was the mutual fund's net asset value?
A) $92.53
B) $67.39
C) $63.24
D) $65.60
E) $17.46
Correct Answer:
Verified
Correct Answer:
Verified
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